Wholesale-trade productivity in 2004
October 05, 2005
Labor productivity—defined as output per hour—rose 7.8 percent between 2003 and 2004 in wholesale trade.
Output also increased by 7.8 percent, while hours remained steady.
From 1987 to 2004, labor productivity rose at an average annual rate of 3.9 percent per year in wholesale trade. Output increased 4.4 percent per year, on average, while hours grew 0.4 percent per year.
The wholesale trade sector includes establishments engaged in wholesaling merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. Wholesalers sell merchandise to other businesses and normally operate from a warehouse or office.
This information is from the BLS Productivity and Costs Program. Data are subject to revision. Additional information is available from "Productivity and Costs by Industry: Wholesale Trade, Retail Trade, and Food Services and Drinking Places, 2004" (PDF) (TXT), news release USDL 05-1820.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Wholesale-trade productivity in 2004 on the Internet at http://www.bls.gov/opub/ted/2005/oct/wk1/art03.htm (visited October 24, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.